Life Insurance Corporation of India (LIC) has resumed operations at its Mauritius branch with effect from January 17, 2024, after the passing of Cyclone Belal. LIC had earlier received income tax litigation from the Assistant Commissioner of Income Tax, Mumbai, for financial claim of ₹1,370.60 crore. The corporation will file an appeal before the Commissioner (Appeals), Mumbai, against the orders. The LIC stock traded at ₹900.40 on the NSE, up by 0.88 per cent as of 12:35 pm.
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Category: LIC
LIC Stocks: After Bonus, LIC-backed FMCG Stock Hits Upper Circuit for 5th session In A Row
Updated Jan 17, 2024, 04:25 PM ISTEarlier on January 11, Integra Essentia shares had turned ex-date for 1:1 bonus issue. The company issued one bonus shares for every share. After Bonus, LIC-backed FMCG Stock Hits Upper Circuit for 5th session In A Row. Image Source: Canva Integra Essentia Limited, a FMCG stock backed by public sector insurance company Life Insurance Corporation, on Wednesday hit the upper circuit for the fifth session in a row. The stock opened 5 per cent lower at Rs 7…
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D-Street Newsmakers: LIC, Aster DM and Choice International among 10 stocks that hogged the limelight today ,Stocks News, Business News
COMMERCIAL BREAKSCROLL TO CONTINUE READINGAfter a relentless winning run, Indian equities succumbed to profit-taking on Tuesday, January 16. Nifty50 ended 0.29 per cent lower at 22,032.3, while Sensex ended 0.27 per cent lower at 73,128.77. Meanwhile, broader markets underperformed the headline indices.
Here are the stocks that grabbed the limelight today.
PNB Housing Finance:
After brokerages found the HFC to largely adhere to the new norms set by the RBI, shares of the housing…
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Failure To Pay Maturity Amount And Periodic Benefits, Cuttack District Commission Directs LIC To Disburse Amount, Pay Compensation
The District Consumer Disputes Redressal Commission, Cuttack (Odisha) bench comprising Debasish Nayak (President) and Sibananda Mohanty (Member) held LIC, India liable for deficiency in services for failure to pay maturity amount and periodic payments of the insurance policies to the Complainant. Along with the timely disbursal of the insurance amount, the bench directed it to pay Rs. 50,000, as compensation, to the Complainant. Brief Facts:Mr. Sundar Prakas Das (“Complainant”) availed…
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LIC Housing Finance share price Today Live Updates : LIC Housing Finance
LIC Housing Finance Stock Price TodayLIC Housing Finance Share Price Today : The last day of LIC Housing Finance saw an open price of ₹579.6 and a close price of ₹577.85. The stock reached a high of ₹581.55 and a low of ₹571.6 during the day. The market capitalization of LIC Housing Finance is currently at ₹31,540.61 crore. The 52-week high for the stock is ₹585.55 and the 52-week low is ₹315.45. The BSE volume for the day was 36,491 shares.Disclaimer: This is an…
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LIC Housing Finance closed today at ₹575.6, up 0.38% from yesterday’s ₹573.4
15 Jan 2024, 02:32:28 PM ISTLIC Housing Finance share price Today :LIC Housing Finance trading at ₹577.25, up 0.67% from yesterday’s ₹573.4 The current stock price of LIC Housing Finance is ₹577.25. It has seen a percent change of 0.67, indicating a slight increase in value. The net change for the stock is 3.85, suggesting a positive movement in the stock price.
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Meet DIPAM Secretary Tuhin Kanta Pandey, instrumental in Air India sale, LIC IPO
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Tuhin Kanta Pandey, a 1987-batch IAS officer, assumed the role of the Secretary of the Department of Investment and Public Asset Management (DIPAM) in 2019. His appointment came during a period when the government was considering a second attempt at the sale of Air India. Before joining the finance ministry, Pandey…
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Stocks To watch: Wipro, HCL Tech, LIC, Tata Consumer, Adani Enterprises, Lupin, Just Dial, JIO Financial IRB Infra, Alkem Lab – Market News
GIFT Nifty indicated that Indian equity indices BSE Sensex and NSE Nifty 50 may see a positive opening on Monday. Here’s a look at the key stocks to watch in trade.
Stocks in Focus: GIFT Nifty traded up by 69 points or 0.31% at 22,044 indicating a positive opening for domestic indices NSE Nifty 50 and BSE Sensex on Monday. Previously, on Friday, the NSE Nifty 50 gained 247.35 points or 1.14% to settle at 21,894.55, while the BSE Sensex ended higher by 847.27 points or 1.18% to…
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LIC receives notification for tax refund of Rs 25,464 crore for 7 AYs
The state-owned Life Insurance Corporation of India (LIC) received a notification for a tax refund worth Rs 25,464 crore from the Income Tax Department for 7 Assessment Years (AYs) from 2012-13 to 2019-20 except for 2015-16. This is related to the interim bonus paid to policyholders during the assessment period. Click here to follow our WhatsApp channel On Thursday, LIC reported to have got a tax demand for Rs 2133.67 crore for the seven years AYs and Rs 1395.08 crore for AY 2015-16. …
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This LIC-backed multibagger stock bags new order worth Rs 15,000 crore!
Shares of the company have gained more than 110 per cent in the last six months.
Bharat Heavy Electricals Limited (BHEL) has received a major boost with a Letter of Award (LOA) from NLC India Limited for the Engineering, Procurement, and Construction (EPC) package of the 3×800 MW NLC Talabira Thermal Power Project (NTTPP) in Odisha. This landmark contract, valued at over Rs 15,000 crore, marks a significant win for BHEL…
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